Question

Profit of Rs. 20,000 has to be divided between three partners Raju, Ravi, and Rohan in the ratio 8 ∶ 14 ∶ 3. How much amount (in Rs) does Ravi get?
1. Rs. 14,800
2. Rs. 11,200
3. Rs. 12,500
4. Rs. 14,000

Answer 1

Correct Answer - Option 2 : Rs. 11,200

Given:

The profit amount = Rs. 20,000

The Profit ratio of Raju, Ravi, and Rohan = 8 ∶ 14 ∶ 3

Calculations:

Profit gets by Ravi = (20,000/25) × 14 = Rs. 11,200

∴ The profit gets by Ravi is Rs. 11,200